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Bank Offers always Based on Salary, Company and Loan Amount giving details help us to give you better Offer
Preview only. To customize and get an exact offer as per bank policy, please fill the form above and verify OTP.
100000
5000000
Bank Name Interest Rate Monthly EMI Processing Fee Part Payment Pre-Closing Charges Take Action
IDFC FIRST
IDFC FIRST
9.99%
Reducing Interest
39305
999
Excluding GST+SDC
One time fee
Allowed
No Charges
Loan EMI
39305
Total Interest Payable
336619
Total Payable
(Principal + Interest)
1886619
Verify OTP to unlock the real bank offer(s), exact rate, and document list.

FEATURES & BENEFITS

  • Loans available for salaried individuals
  • Loans are available from Rs 1,00,000/- to Rs 40,00,000/-
  • Repayment tenures from Min 12 Months to Max 60 months
  • Best in Class Rate of Interest
  • Loans at higher rates can be transferred to IDFC First Bank with our Balance transfer facility.
  • Simplified documentation.
  • Simple procedure, minimal documentation and quick approval

ELIGIBILITY CRITERIA

  • Personal Loan Interest Rate ,Eligibility Emi Calculator Online
  •     
  • Minimum age of applicant: 21 years
  •     
  • Maximum age of applicant at loan maturity: 60 years
  •     
  • Minimum Net Monthly Income: Rs 20,000
  •     
  • Maximum loan available: Rs 40 lacs

INTERESTRATE CHARGES

Rate of Interest

Depend on salary,company and loan amount please fill the details to get the Rate of Interest online

 

Loan Processing Charges

Depend on salary,company and loan amount please fill the details to get the Processing Charges online + GST applicable

 

Cheque Bounce Charges Rs. 500 per cheque bounce + GST applicable
 
Prepayment/ Forclosure Charges Nil(Any loan amount)
Default Interest Rate Max rate of interest (APR) 24%
 
Issuance Charges for Photocopy of Loan Agreement/ Documents Rs 250 per instance + GST applicable

*  (Subject to change as per Bank's discretion from time to time)

*  Loan approvel is sole desision of the bank

*  GST as applicable will be levied

EXAMPLE

 

Personal loan amount Rs 2000000

Rate of Interest 10.99
Loan Processing Charges Rs 999
GST 18% on processing charges = 180
Tenure 60 Month
EMI Rs 43475
Total amout Payable
 

Processing fee (999) + GST(180) + Interest for 60 Month (608500) + Principal(2000000) = Rs 2609679